Tata Group and Singapore International Airlines joint venture company could...
Australian Institute of Health and Welfare (AIHW) has revealed in its report that the investment in the aged care sector has increased by a million, and the count of the beds have scaled up by 4500.
The report stated that the investment was $10.1 billion in 2008-09, and it went up to $11 billion in 2009-10 where around $7.1 billion was used for housing aged care services.
The dwelling facility has increased from 178,300 places in 2009 to 182,850 in 2010.
With increase in housing places, the demand has gone down as the rate was notified to be reduced to 86.8 people against 1000 people, whereas the count was 87.0 a year earlier.
The report also revealed that nearly 40,100 elderly people were getting Standard Community Packages (CACP) in June 2010, which portrays a 5% increase from the last years count. In case of Extended Aged Care with Dementia
(EACHD), the ratio has increased by 26% against the preceding year.
According to the report, seven in 10 residents require extreme care as they suffer health problems. Also, it has been observed that aboriginals prefer more residential and community aged care services even in the young ages compared to the non- aboriginals of Australia.